EVERCOMMERCE INC (EVCM) Stock Technical Analysis
NASDAQ:EVCM • US29977X1054
Overall EVCM gets a technical rating of 2 out of 10. EVCM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month EVCM has a been trading in the 9.63 - 12.80 range, which is quite wide. It is currently trading near the lows of this range.
- EVCM is part of the Software industry. There are 276 other stocks in this industry. EVCM outperforms 86% of them.
- When compared to the yearly performance of all other stocks, EVCM outperforms 66% of them, which is more or less in line with the market.
- EVCM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVCM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
EVCM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.19 to 10.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.80 to 9.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.23 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EVCM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVCM is down. |
| ChartMill Relative Strength | 66.16 | NEUTRAL | EVCM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVCM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVCM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.41 | NEUTRAL | The RSI value for EVCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EVCM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.3 | OVERSOLD | The low Stochastics value suggests EVCM may be oversold. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for EVCM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for EVCM suggests a possible start of a new trend. |
10.32
+0.46 (+4.67%)
EVERCOMMERCE INC / EVCM FAQ
What is the technical rating for EVCM stock?
ChartMill assigns a technical rating of 2 / 10 to EVCM.
Can you provide the trend direction for EVERCOMMERCE INC?
The current trend direction for EVERCOMMERCE INC (EVCM) is Bearish.
What is the RSI signal for EVCM stock?
EVERCOMMERCE INC (EVCM) has an RSI value of 41.4079. This indicates that the stock is currently neutral.
What is the MACD signal for EVERCOMMERCE INC (EVCM) stock?
The MACD indicator for EVERCOMMERCE INC (EVCM) has a value of -0.100248, indicating a bearish trend.
Can you provide the short term momentum for EVERCOMMERCE INC?
The short term momentum for EVERCOMMERCE INC (EVCM) is negative.